Interserve trading in line
9th Jul 2013 07:12
Support services and construction group Interserve said it has continued to perform well and in-line with expectations since its last update in May, despite mixed market conditions. "We reiterate our guidance for the current year and remain well-positioned to take advantage of further strategic opp
Read moreMonday broker round-up UPDATE
8th Jul 2013 08:48
Anglo American: Exane reduces target price from 1700p to 1400p and reiterates its underperform rating. Anite Group: Investec raises target price from 135p to 155p and upgrades from hold to buy. Ashmore Group: RBC Capital Markets takes target price from 440p to 375p and keeps its neutral rating. B
Read moreMonday broker round-up UPDATE
20th May 2013 08:32
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating. Amlin: Morgan Stanley ups target price from 428p to 469p, while maintaining an overweight rating. Anite: Espirito Santo cuts target price from 180p to 165p retaining a buy recommendation. Ashtead Group: UBS takes
Read moreTuesday broker round-up UPDATE
14th May 2013 08:04
Babcock International: Jefferies increases target price from 1080p to 1250p and maintains a buy recommendation. Barratt Developments: Bank of America takes target price from 265p to 325p, while downgrading to neutral. Belgravium Technologies: WH Ireland places both its target price and its neutral
Read moreInterserve wins 700m worth of new work
13th May 2013 08:22
Interserve said it was trading in line with its 2013 guidance after securing more than 700m pounds of new work in the year-to-date. The construction and support services group won work from clients including Alder Hey Children's NHS Foundation Trust, Magnox, Defence Infrastructure Organisation, Lo
Read moreLondon pre-open: FTSE set to decline in early trading
3rd Apr 2013 07:29
City sources predict the FTSE 100 will open down 18 points from yesterday's close of 6,491, following a mixed performance across Asia overnight, with Japanese stocks rising strongly on the back of a potentially crucial central bank policy meeting. In the US, equities climbed Tuesday as new data poi
Read moreWednesday share tips: Man Group, Interserve
3rd Apr 2013 07:15
Support services firm Interserve´s share price has had a very good run year-to-date, on the back of a full order book. Particularly worth noting is the fact that it grew at a time when some of its peers were seeing a contraction. As well, there is still room for new wins, as with yesterday´s contrac
Read moreInterserve forms JV to invest in Edinburgh mixed-use site
3rd Apr 2013 07:11
Interserve, the international support services and construction group, has exchanged contracts to develop the Haymarket area of Edinburgh into a mixed-use site. The group has formed a joint venture (JV) company with the current land owner, Tiger Developments, and will initially invest £10.5m in th
Read moreLondon midday: Stocks rise, M&A speculation boosts Vodafone
2nd Apr 2013 11:36
The FTSE 100 had gained one per cent by Tuesday lunchtime as traders made up for lost time following a long four-day weekend for the Easter holidays. Telecoms giant Vodafone was leading the risers on London's benchmark index on the back of speculation that it could be involved in the biggest M&A d
Read moreInterserve wins 80m pound nuclear plant contract
2nd Apr 2013 07:23
Support services and construction group Interserve has been awarded a three-year management contract with nuclear power station operator Magnox. Magnox, which operates ten of the UK's nuclear power stations, said the contract is valued in excess of £80m and includes an option to extend for a furthe
Read moreInterserve to provide 50m pounds' worth of services in new hospital
22nd Mar 2013 09:58
Interserve, the FTSE 250-listed support services and construction group, is to provide facilities management services worth 50m pounds in the new Alder Hey Children's Hospital to be created in Liverpool. Its consortium with John Laing and Laing O'Rourke reached financial close on the private finan
Read moreIntu Properties Deputy Chairman continues to build stake
21st Mar 2013 15:38
John Whittaker, the Deputy Chairman of Intu Properties, has continued to show his support for the company after it was relegated to the FTSE 250 by boosting his stake in the group to 20 per cent. In two separate transactions the well-known property mogul purchased 600,000 shares worth £1.98m and t
Read moreCarpetright Chairman sells 150,000 shares
15th Mar 2013 16:22
Carpetright, the flooring retail specialist, has announced that Lord Harris of Peckham, the group's Chairman, has sold 150,000 shares in the company. The shares were sold at 650p each, for a total of £975,000 before tax. Following the transaction Harris owns around 12.4m shares, equal to 18.32%
Read moreJohn Menzies director trades in 100,000 shares
11th Mar 2013 16:20
Ian Harrison, a non-executive Director of John Menzies, the FTSE 250 aviation and distribution group, has sold 100,000 at 766.00p each, it was announced Monday. The £766,000 transaction comes less than a week after the company pleased investors with an upbeat set of full-year results for 2012, desp
Read moreMonday broker round-up UPDATE
4th Mar 2013 07:12
Aggreko: JP Morgan takes target price from 1845p to 1870p, while reiterating a neutral rating. Anglo American: Nomura reduces target price from 1800p to 1700p and downgrades from neutral to reduce. ARM Holdings: Deutsche Bank increases target price from 400p to 445p, but still recommends selling.
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